The office building, located at 8222 Douglas Ave., offers direct accessibility advantages to other major business centers, including the central business district, Uptown and the fast-growing Legacy Business Park in Plano.

In addition, One Preston Centre is surrounded by some of the most exclusive residential neighborhoods, including University Park and Preston Hollow.

The building was purchased in an all-cash transaction through a joint venture between Pillar Commercial and Artemis Real Estate Partners.